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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: re3 who wrote (7240)2/3/2003 7:31:14 PM
From: Bruce Robbins  Read Replies (2) | Respond to of 39344
 
LOL! So far it seems like everyone is sitting on the fence waiting. What price of gold will it take to get everyone to stop waiting and start buying? 375? 400? 425? 450? I think 372 is better than the 272 we used to see, don't you?



To: re3 who wrote (7240)2/3/2003 9:04:49 PM
From: Canuck Dave  Respond to of 39344
 
Good question!

I follow Goldcorp. Took a small position on Thursday at the close (@19.17 Cdn) and it's obviously being shorted. So are the silver miners, though less obviously.

I'm sitting on the fence about 30% majors waiting to see which way the winds start to blow. Keeping the 30% juniors which mostly did ok today. It'll be interesting to see if the shorters start to squeeze each other at 400$ gold.

CD


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